Ethereum Price Prediction: Coinbase Just Let Users Borrow $1M Without Selling ETH – Is This a Game-Changer?

Ethereum is gaining fresh momentum after Coinbase rolled out a major update to its on-chain lending services.

The platform now accepts ETH as collateral, a move that could strengthen bullish Ethereum price predictions in the weeks ahead.

Previously available only to Bitcoin holders, the loan product now allows eligible users to borrow up to $1 million in USDC without selling their ETH.

The integration aims to serve long-term holders seeking liquidity for expenses such as down payments or debt refinancing, without creating a taxable event.

A service that has been seeing increasing demand this cycle. Crypto-collateralized lending hit a record $73.6 billion in Q3, according to a Galaxy Research report.

Coinbase’s BTC-backed loans alone have already facilitated over $1.27 billion in borrowing and $1.38 billion in collateral from roughly 16,000 customers, according to company data.

For Ethereum, this strengthens its broader financial appeal by helping bridge TradFi and DeFi. The structure mirrors traditional securities-backed credit lines, making ETH a more dependable balance-sheet asset for institutions.

Ethereum Price Predictions: Institutions Could Save the ETH Downtrend

This long-term holding incentive could help stabilize price movements against recent market headwinds, particularly as ETH navigates a potential bullish head-and-shoulder pattern.

A historical demand zone around $2,750 stands as a potential bottom to the right shoulder, particularly as momentum indicators flash a reversal.

The RSI has hit the 30 oversold threshold, a typical bottom marker as sellers reach exhaustion and buyers step in. The MACD confirms weakening sell pressure, flattening below the signal line in the early stages of a trend shift.

A fully realised pattern breakout could see the neckline reclaimed around $5,500, surpassing past all-time highs into new price discovery with a 100% move.

But as the bull market matures, if Ethereum continues to feature on mainstream balance sheets through corporate treasuries and ETF accumulation, the push could extend 365% to $10,000.

PepeNode: A New Way to Make Passive Crypto Mining Income

With the market at a standstill, investors are seeking more reliable income strategies that don’t hinge on market sentiment.

With PepeNode ($PEPENODE), the process is a simple mine-to-earn (M2E) game. No hardware needed.

Just log in, buy virtual nodes, stack rigs, and start earning passive rewards across top-performing meme coins.

Momentum is climbing fast. The presale has already passed $2.1 million, while early stakers are still earning up to 593% APY.

And thanks to a built-in deflationary model, where 70% of all $PEPENODE spent on nodes and rigs is burned, scarcity supports long-term token value.

PepeNode stands out as a smarter way to capture some of the market’s strongest upside—without worrying about timing the perfect entry.

The post Ethereum Price Prediction: Coinbase Just Let Users Borrow $1M Without Selling ETH – Is This a Game-Changer? appeared first on Cryptonews.